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The property is set on 50,000 m² of rustic mountainous land with almond trees. Essential utilities are readily available, with electricity already connected and water easily accessible for connection, ensuring a seamless transition for any intended use.
Access to the property is convenient, featuring 500 m of dirt road leading to a well-maintained tarmac road, providing ease of arrival. Nestled in a tranquil area between two villages, it is just a five-minute drive to local restaurants, bars, and shops, and only 15 minutes from Huércal-Overa, where a full range of amenities can be found.
Property Features
- 0 bedrooms
- 0 bathrooms
- 60m² Build size
- 50,000m² Plot size
- water
- trees
Costing Breakdown
* Transfer tax is based on the sale value or the cadastral value whichever is the highest.
** The information above is displayed as a guide only.
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Mortgage Result
* The information above is provided by The MHI Group and displayed as a guide only. Individual circumstances could change the rate we offer for a mortgage. Please click the link below to get a personalised quote.
Spanish Property News & Updates by Spain Property Portal.com
In Spain, two primary taxes are associated with property purchases: IVA (Value Added Tax) and ITP (Property Transfer Tax). IVA, typically applicable to new constructions, stands at 10% of the property's value. On the other hand, ITP, levied on resale properties, varies between regions but generally ranges from 6% to 10%.
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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.